Aramco Ventures, the venture capital arm of Saudi Aramco, has joined international hardware and energy investors in a seed funding round to back the direct air capture (DAC) technology developed by German firm Ucaneo, the companies announced on Tuesday.
The acquisition from Swiss asset manager Partners Group was announced in tandem with a divestment of 50% of a 2-GW portfolio of solar and battery energy storage systems (BESS) projects in Texas.
A 10 billion euro investment in semiconductor chip production in eastern Germany will secure the country’s emission reduction efforts, according to the government
MoEI drives strategic partnerships in clean energy with German, Dutch energy sectors
MUNICH — Saudi Energy Minister Prince Abdulaziz bin Salman met with German Chancellor Olaf Scholz and several government officials on Wednesday during a visit to Munich.
According to Robert Säverin, spokesman for the Federal Ministry of Economic Affairs and Climate Action, Germany sees significant potential in cooperation with Kazakhstan in the area of green energy, Azernews reports.